मराठी

Which of these is the primary function of money? - Economic Applications

Advertisements
Advertisements

प्रश्न

Which of these is the primary function of money?

पर्याय

  • Store of value 

  • Standard of deferred payment

  • Measure of value

  • Transfer of value

MCQ
Advertisements

उत्तर

Measure of value

Explanation:

The second fundamental function of primary function of money is that it acts as a standard measure of value. Measure of value refers to the monetary expression of the market value of goods and services.  

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 7: Meaning and Functions of Money - QUESTIONS [पृष्ठ १८३]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 7 Meaning and Functions of Money
QUESTIONS | Q 16. | पृष्ठ १८३
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×